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Mill Road, Ellingham, Bungay

East of England

£220,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

Nestled in the tranquil village of Ellingham, Mill House is a semi-detached cottage that embodies rural charm paired with significant renovation potential. This property presents a unique opportunity for buyers looking to invest in a home that allows customization and creativity. With its spacious plot and variety of outbuildings, including a brick-built barn, you have the chance to explore numerous possibilities, whether it’s transforming the existing structure or expanding into additional living spaces (subject to planning permissions). The layout features three reception rooms with traditional character elements such as exposed beams and brickwork, inviting updates while maintaining its cozy essence. The generous garden room and well-established gardens provide an inviting outdoor escape that's ideal for leisure or gardening enthusiasts. Located within walking distance to local amenities and convenient transportation links, Mill House combines serene living with accessibility, making it a blank canvas ready for your vision.

Investment Analysis

(NR35 area)
Area Average
£292/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR35)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -3.2%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on NR35 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mill Road, Ellingham, Bungay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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